Psychological Traits and Business Performance of Entrepreneurs in Small Construction Industry in Malaysia

Shafie Sidek, Fakhrul Anwar Zainol

Abstract

The research investigates the relationship between entrepreneur’s psychological traits and their business performance among Class F entrepreneurs in civil construction industry in Malaysia. The result concluded that all three selected psychological traits are significant to the business performance of the class F entrepreneurs in Malaysia where the most successful class F entrepreneurs have the highest level of need for achievement, risk taking propensity and internal locus of control while the lower performers have lower scores in all three psychological traits. It is suggested that every class F contractors should possess confidence which able them to maintain their business performance. Due to the fact that psychological trait is vulnerable to several factors such as experience and knowledge, it is important to maintain the entrepreneur’s level of motivation and self confidence at high level. The Government and other related agencies should play their roles to organize courses and trainings which will increase the level of motivation, self confidence and risk assessment knowledge of the class F contractors throughout Malaysia. Key words: Psychological traits; Business performances; Class F entrepreneurs

Full Text:

Refbacks

If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

1. Register yourself in Journal B as an Author

Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.

2. Submission

Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.

We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc@hotmail.com; ibm@cscanada.net; ibm@cscanada.org